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Nabaltec AG (STU:NTG) Change In Inventory : €-5.4 Mil (TTM As of Dec. 2023)


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What is Nabaltec AG Change In Inventory?

Nabaltec AG's change in inventory for the quarter that ended in Dec. 2023 was €-4.1 Mil. It means Nabaltec AG's inventory increased by €4.1 Mil from Sep. 2023 to Dec. 2023 .

Nabaltec AG's change in inventory for the fiscal year that ended in Dec. 2023 was €-5.4 Mil. It means Nabaltec AG's inventory increased by €5.4 Mil from Dec. 2022 to Dec. 2023 .

Nabaltec AG's Total Inventories for the quarter that ended in Dec. 2023 was €51.1 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nabaltec AG's Days Inventory for the quarter that ended in Dec. 2023 was 213.79.

Inventory Turnover measures how fast the company turns over its inventory within a year. Nabaltec AG's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.43.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Nabaltec AG's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.10.

Nabaltec AG Change In Inventory Historical Data

The historical data trend for Nabaltec AG's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nabaltec AG Change In Inventory Chart

Nabaltec AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.88 7.61 -1.05 -11.80 -5.39

Nabaltec AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.19 -0.30 -2.03 1.00 -4.07

Nabaltec AG Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €-5.4 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nabaltec AG  (STU:NTG) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Nabaltec AG's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=49.0975/20.956*365 / 4
=213.79

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Nabaltec AG's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=20.956 / 49.0975
=0.43

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Nabaltec AG's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=49.0975 / 44.484
=1.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Nabaltec AG Change In Inventory Related Terms

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Nabaltec AG (STU:NTG) Business Description

Industry
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Traded in Other Exchanges
NTG:Germany
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Website
https://www.nabaltec.de
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.